Dan Timmons
New landlord question on tenant screening
Hi,I am a newbie investor and seeking advice on placing a tenant in our first investment property.I have a potential tenant who is willing to pay rent for the month of November despite the fact that he will also have ...
Dominic Lattanzi
Maui vacation rental- Post COVID
Does anyone have experience with short vacation term rentals in MAUI? My wife and I are looking at a property on the Lahaina side of Maui. The numbers seem to work out (not huge cashflow), however, we are a little c...
Leigh Ann Smith
Wells Fargo Businessline Line of Credit
We have a business unrelated to real estate that is a sole proprietorship (no LLC). An offer came in the mail from Wells Fargo saying that our business is pre-qualified for a BusinessLine line of credit of up to $100...
Account Closed
Thoughts on these mortgage attorneys?
Hello BPThe servicer I use said that if I needed to go through a foreclosure in Texas I would have to use one of their approved attorneys below. Was curious if anyone has had experience with one of these firms? Just w...
Kyle Simmons
Wholesaling - Earnest Money Deposit (EMD)
I have a question(s) regarding EMD: How much should I ask for from a potential buyer? (I heard that 1% - 2% of the purchase price is ideal).Where does the earnest money go, when all is said and done?
Are you tired of toiling in the trenches... and ready to run a business that cranks out profits without your constant involvement?
That's what today's guest has managed to do! In this episode, Michigan-based invest...
Javier Cuevas Santos
Tips on using quick books for self management of rental?
Currently reading Brandon Turner’s book on Rental Property Management. Wanting to manage my first rental myself, budgeting in management so that I can outsource it in the future. In regards to book keeping, what are s...
Chudney Wesley
DTI ratio too high because I haven't had my rental properties for 2 years?
This summer I bought 2 rental properties cash, which are all rented and earning a good amount of income. I am now tapped out cash wise and would like to finance an additional rental property. A LO told me that becaus...
Naoko Potts
New Investor from Springfield Missouri Area
Hello, I am a new investor from Springfield Missouri area.
My name is Naoko Potts, I work for Expedia and after Covid hit, as you can imagine, people stopped traveling and we were force to work reduced hours. As I...
ARMON PHILLIPS
Cash out refinance question??
Is it possible to get 80% LTV of the APR, when doing a owner occupied Cash out refi? If yes does anyone know of a lender in the Saint Louis, MO area that does it??